How does a smart thermostat save me money on energy bills?

A smart thermostat saves money on energy bills by optimizing your heating and cooling schedules based on your habits and preferences, ensuring you’re not wasting energy heating or cooling an empty home. Many smart thermostats have features such as geofencing, which adjusts the temperature based on your smartphone’s location, and energy reports, which give insights into your consumption patterns and suggest ways to reduce costs. By maintaining efficient temperature settings and providing actionable energy usage data, smart thermostats can significantly reduce your monthly energy bills.